And dozens of ex-Gers stars could now face massive bills following the Supreme Court decision.

It came after five judges rejected an appeal by liquidators BDO over the use of Employee Benefit Trusts by “oldco” Rangers to pay £48million to more than 80 players, managers and directors from 2001 to 2010.

The Parkhead club’s statement said the issue had been a matter for the courts and the game’s authorities, “whose rules are intended to uphold sporting integrity”.

It continued: “In 2013 we expressed surprise over the findings of the SPL Commission that no competitive or sporting advantage had resulted.

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“We encourage anyone who has tried to avoid tax on their earnings to now agree with us the tax owed.”

Four years ago an independent commission, led by Lord Nimmo Smith, ruled that Rangers “did not gain any unfair competitive advantage” from their use of EBTs — even though they breached league rules by withholding side letters detailing the payments.

But the Scottish Premier League still imposed a £250,000 fine, which “newco” Gers were forced to pay.

Last night an Ibrox spokeswoman said the ruling did not involve the club under current owners, Rangers International Football Club plc.

She added: “Rangers FC had no part in the proceedings and must therefore leave comment to those who did.”

Stars face bill fight

EX-Rangers stars face being chased by HMRC over unpaid tax bills, a top lawyer said.

Andrew Watters claimed that because the “oldco” Rangers is now in liquidation, tax chiefs may try to switch liability to the players.

He said: “If it’s successful, some may struggle to pay large tax bills years after their playing days.

“They may consider suing agents and advisers over their advice.”

Watters, of law firm Irwin Mitchell Solicitors, added that the result of the case could lead to firms that use similar schemes being targeted.